These are the worst performers on the ASX 200 over the last 12 months

Yesterday I looked at the three best performers on the ASX 200 over the last 12 months. Those three shares had managed to carve out a gain of over 100% each despite the index slipping over 4.2% lower during the period. Not all shares have fared as well as those, though. The three shares listed below have been the worst performers on the ASX 200 over the last 12 months. Here’s why: The AMP Limited (ASX: AMP) share price has shed 51% of its value over the last 12 months. The diversified financial services provider has been one of…

You can continue reading this story now by entering your email below

You’ll also get all our free premium research including:

What’s next for bank shares, including which one to buy, and crucially, which ones to avoid.

How to cash in on some of the hottest stocks on the ASX.

Some of the best fully franked dividend shares to buy now.

Cheap and good small-cap stocks that are flying under the radar of the professionals.

Yesterday I looked at the three best performers on the ASX 200 over the last 12 months.

Those three shares had managed to carve out a gain of over 100% each despite the index slipping over 4.2% lower during the period.

Not all shares have fared as well as those, though. The three shares listed below have been the worst performers on the ASX 200 over the last 12 months. Here’s why:

The AMP Limited(ASX: AMP) share price has shed 51% of its value over the last 12 months. The diversified financial services provider has been one of the most negatively impacted companies by the Royal Commission. Unsurprisingly, some of its wealth management units are now experiencing heavy net cash outflows. While AMP’s shares do look reasonably cheap, I fear it could take many years for the company to turnaround its fortunes, gain the trust of investors, and return to growth. Because of this, I would suggest investors stay well clear of the embattled company.

The Automotive Holdings Group Ltd(ASX: AHG) share price has plunged a massive 46% since this time last year. This auto retailer’s shares have been on a downward trajectory since the release of a disappointing trading update in May. That update warned of challenging automotive retail conditions and a slower than expected recovery in the Western Australia private buyer market. This ultimately led to the company posting a 41.2% decline in profit in FY 2018. In addition to this, its outlook for FY 2019 was reasonably underwhelming. And with trading conditions unlikely to improve any time soon, Automotive Holdings remains one to avoid in my opinion.

The Syrah Resources Ltd(ASX: SYR) share price has been the worst performer on the ASX 200 over the last 12 months with a 59% decline. As well as being caught up in a battery materials selloff, Syrah’s shares have come under significant pressure this year after a disappointing operating performance. Production at the company’s Balama project has been disrupted a number of times, causing several downgrades. While things are looking better for it and the battery materials industry now, I’d suggest investors wait for pricing data and several quarters of strong production before considering an investment.

Need a lift after these declines? Then don't miss out on these top tech shares which have been tipped for big things.

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Atlassian.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Automotive Holdings Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Free report names the 3 dividend shares The Motley Fool's crack team think you should buy now for 2019 and beyond.

Sign up now for instant access to your copy of this free report.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe at anytime. Please refer to our Financial Services Guide (FSG) for more information.

This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. The Motley Fool Australia operates under AFSL 400691. For more information please see our Financial Services Guide. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. The Motley Fool Australia does not guarantee the performance of, or returns on any investment.